Should you Invest in Opiria

in #blockchain8 years ago (edited)

Website | Whitepaper | ANN | Telegram | Bounty

By https://bitcointalk.org/index.php?action=profile;u=2230830

Opiria is a decentralized marketplace for personal data. This is an existing application that is raising money to change its product to a decentralized marketplace. The company is selling PDATA tokens, short for personal data tokens.

Whether to Invest

Opiria is a marketplace and PDATA tokens are its currency. There aren’t any unique features in place to make the token price appreciate. Investors will have to just pray that the price goes up.

60% of the token supply is being sold for $30 million. This values the company at $50 million and that’s a high valuation. Even $30 million is a lot to ask to make a marketplace. The bonuses for some investors have been high as the token sale has sometimes pegged ETH at $750 when the market value was below $500. The token metrics aren’t great.

The Positives

  1. Opiria has an existing product and has gained recognition as it has reached the finals of the ICO World Cup; final decision has not been declared yet.
  2. The company has some major customers.
  3. The data market is booming.
  4. Unsold tokens get burned.


Opiria is a project, that if successfully delivered, will benefit both companies and people. There is no accurate way to predict its future value and so there is no way to decide if the token price will be worth more than it is today. However, one thing is for certain and that’s if the marketplace becomes functional most of the companies face some major benefits.

This is a project that business owners should have an interest in.

PDATA tokens should not be bought for flipping. Given the high market cap, these tokens are not a good flip. The project roadmap expects a good adoption by the end of 2019, so this isn’t even a medium-term investment. PDATA tokens should only be considered for a long-term investment. Opiria should draw an interest from business owners as even if the tokens do not reach a high value, the creation of personal data marketplace will greatly benefit them.

Sort:  

Thanks for this very impartial post @cobone.

Please kindly leave a comment on my latest post and we can help each other out. Have a great day!
https://steemit.com/cryptocurrency/@salmanmiah/sparkster-s-answer-to-decentralized-application-development

Yes..... Thanks for the post

Coin Marketplace

STEEM 0.04
TRX 0.33
JST 0.103
BTC 64153.03
ETH 1867.14
USDT 1.00
SBD 0.36